Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Business risk balancing
  • 12 Jul 2011

    KCY v. HJFG

    Citation
    KCY v. HJFG
    Court
    Court of First Instance
    Case number
    HCMP685/2011

    Leave to appeal was refused and the appointment of an interim receiver was dismissed because the judge at first instance correctly exercised his discretion: the husband's undertaking provided adequate protection pending ancillary relief, the wife failed to show inevitable prejudice that would justify the extraordinary remedy of receivership, and the commercial risks to the companies from appointing a receiver outweighed the potential protective benefits; no error of principle or other reason in the interests of justice to permit an appeal was established.